Mr Suresh Sabbani, MD & CEO: Mr.Suresh Sabbani is a seasoned Banking Professional with 22+ years Core Banking experience and a passionate business person. He had worked with State Bank, HDC Bank, ICICI Bank, RBL Bank, DCB Bank in various positions in all verticals. He has a great vision and forecast in Financial Sector. He is one of the founders & promoter of Mithra MMA Co-Op Society which is successfully spreading its wings with good customer base & business volume. He joined with CITO Nidhi in February 2019 and is transforming this into a new generation Quasi-Banking.
Mr Suresh is a Commerce Post Graduate and had various banking certifications like CAIIB, IPGDRM (International PG Diploma in Risk Management from IIRM). He also had various financial certifications like NCFM, IRDA, AML KYC, Trade Finance, Business Correspondence etc., He has sound banking knowledge in Products and Processes, Sales & Marketing and Branch Network Expansion.. His vision and passion were also instrumental in the company which is being able to venture in establishing sister concerns of similar Financial Institutions like Full pledged Co-Operative Bank through separate subsidiary companies under the CITONIDHI Group. He is also holding directorship in the Amaravathi MMA Co-Op Society, a Quasi-Banking MACS.
Mr Adi Swarup Patnaik Kuppili, Executive Director: Mr Adi Swarup is an experienced Banking Professional with a vast experience of 25+ Years in various Banks in different Cadres. He worked in all verticals in Banking and has acquired sound Banking product and process knowledge. He has good experience in Marketing & Sales, Branch Expansion, strategic Business Development. He is Commerce Graduate and having various Banking Certificates like CAIIB, Certified SME Banker, NCFM, IRDA Certificate Composite. He started his career with M/s Shriram Chits Pvt Ltd as Executive Trainee and rose upto the position of Divisional Product Manager. He also worked with Kapil Chits and M/s AMP Sanmar Life Insurance (now Reliance Life Insurance) in different cadres.
Later he joined in Dhanlaxmi Bank as Junior Officer-Credit and elevated as Branch Head. He joined in Axis Bank and worked as Assistant Vice President - Operations Head - Branch Banking. His last stint is with DCB Bank as State Head- Andhra Pradesh (Emerging Markets) and handled Emerging Branches in entire Andhrapradesh State. Mr Swarup is the Founder & CEO of Amaravathi MMA Co-Op Society (Quasi-Banking MACS) & Managing Director of M/s Cito & Certus Advisory Services Pvt Ltd., a Corporate DSA company.
Mr V Hemanth, Independent Director-IAC: Mr Hematnh is an experienced BFSI Professional with experience of 16+ Years in various Banks & Financial Institutions in different Cadres. His core working experience with Wealth Management Clients and Retail Assets and Digital Payment Solutions.
He has working presence in major Metros in 5 States. He deals with investment portfolio and digital banking platform. Mr Hemanth is passionate learner in pursuit of acquiring highest qualifications. He is Post Graduate with MBA (Marketing and Finance), IIM- R (L&CM), Ph.D - Brand Management and CPISI - 3.2 version Certified..
Mr N Seethapathi, Member-IAC: Mr Seethapathi is Banking veteran and retired from Central Bank of India. He had vast working experience in various verticals of Bank. He is the member of Investment Advisory Committee of CITO Nidhi and provides valuable inputs for Organization Development. With strong Banking background and experience this organization will reap new heights.
Mr K Venkateswarlu, Chartered Accountant: Mr K Venkateswarlu is a leading Audit Professional for various Banks. He is member of ICAI and partner of D Kameswara Rao & Co., a leading CA firm with 75+ years of presence. He is also part of CITO Nidhi Ltd and looking after the internal & external audit & compliance issues. He is the member of Audit Committee of CITO Nidhi Ltd. Mr Venkateswarlu is Post Graduate with FCA, AICWAI MIT certifications.
Mr P A V V S N Murthy: Mr Murthy is leading lawyer and empanelled with various Banks to look after all legal issues. He is also Legal advisor for CITO Nidhi Ltd and takes care of all legal issues of the Bank. He is Post Graduate in Law and member of Bar Council. He is a member of Legal Committee of CITO Nidhi.
Mission & Commitment
Our Core Mission is “To help our Members to realize their dreams by anticipating, understanding and meeting their financial needs”. We, CITO NIDHI LIMITED to stand as India’s financial institution of choice for our members, customers, staff and shareholders by setting the standard of excellence in customer satisfaction, employee engagement, social responsibility and shareholder value while building successful societies. Our Aim is to be the most respected financial institution which has been following the impervious principles of Trust and a Guarantee with fair practice code and balance which remain the reason of our goodwill. We are truly working always bridging the chasm between promise and performance. We committed to create Leadership through innovation
Commitment to Members: CITO NIDHI always committed to its members and customers of its core values of its mission statement. Our commitment is mutual growth of our members through Trust and Responsibility and contribute in fulfilling members’ financial dreams.
Commitment to Staff: CITO NIDHI believes in building a strong relationship with our external and internal customers. Our human capital – Staff and Vendors to whom we are committed to provide a decent work environment. Therefore we look for people possessing passion to excel, can-do attitude, a go-getter and innate talent for success. We train, nurture, impart banking knowledge, skill building and provide necessary tools to deliver excellent service with creative solutions which will build long-term relationships with members/ customers.
Commitment to Management: Our commitment to the management always lies on designing and developing the company and make it the most trusted valued company among the financial institutions.
CSR Initiative
CSR (Corporate Social Responsibility) is a company's sense of responsibility towards the community and environment (both ecological and social) in which it operates.
Companies express this citizenship through their waste and pollution reduction processes or by contributing educational and social programs by earning adequate returns on the employed resources.
We at CITO Nidhi have committed to allocate the funds to CSR activities as a responsible organization.
We have participated in various CSR activities of Blood Donation Camp, Essential Commodities Distribution and Cultural Events during 2019-20 and will extend further more.